Remuneration is the compensation that one receives in exchange for the work or services performed. Typically, this consists of monetary rewards, also referred to as wage or salary. A number of complementary benefits, however, are increasingly popular remuneration mechanisms. Remuneration is one component of reward management.
Remuneration can include:
- Compensation methods (in online advertising and internet marketing)
- Employee stock option
- Fringe benefit
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The word "remuneration" is often misspelled as "renumeration", which simply means counting or re-counting.
- The dictionary definition of remuneration at Wiktionary
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